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In this video, the tutorial demonstrates how to reduce the size of a PDF file without losing quality. The original file size was 4.1 MB. By following the steps provided, including selecting the appropriate compression level based on the file content (images or text), the file was successfully compressed. The download link provided in the description allows for a free and easy compression process. The compressed file ended up being 76% smaller, reducing the size from 4.12 MB to an unspecified smaller size.